Hong Kong-based international airline Cathay Pacific have announced that their CEO Rupert Hogg has quit, following the controversy around the current protests going on in the region.
The Board of Directors of Cathay Pacific announced that it accepted the resignation of Rupert Hogg as well as Paul Loo as Chief Customer and Commercial Officer.
At a board meeting today, Augustus Tang was appointed the new Chief Executive Officer and Ronald Lam was appointed Chief Customer and Commercial Officer.
The Board of Directors believes that it is the right time for new leadership to take Cathay Pacific forward and that Augustus Tang and Ronald Lam, both of whom are highly experienced executives with long careers at Cathay Pacific, are ideally suited to lead the company.
John Slosar, Chairman of Cathay Pacific, commented: “Augustus Tang and Ronald Lam have the experience and depth of knowledge of aviation and our people to be strong and effective leaders of Cathay Pacific at this sensitive time. Hong Kong is a fantastic home for our airline.
“It is a world-class city and has a premium airport which is the biggest international passenger and cargo hub in Asia. Cathay Pacific has a relentless focus on standards of safety and care, and an unrivalled reputation for customer service.”
Hogg stated: “It has been my honour to lead the Cathay Pacific Group over the last three years. I am confident in the future of Hong Kong as the key aviation hub in Asia. However, these have been challenging weeks for the airline and it is right that Paul and I take responsibility as leaders of the company.”